GRØNDALEN INVEST AS

1894 RAKKESTAD

Finances

Share Ownership

Return on Equity

−94,53 %

Current Ratio

1,18

Debt-to-Equity Ratio

−1,43

Key figures (NOK)	2022	2021	2020	2019
Revenue	827 000	932 000	1 005 000	942 000
Net Income	311 000	−990 000	−147 000	−1 000
Total Assets	410 000	291 000	1 392 000	1 283 000
Total Equity	−329 000	−640 000	350 000	496 000

Income (NOK)	2022	2021	2020	2019
Revenue	827 000	932 000	1 005 000	942 000
Expenditure	380 000	1 053 000	563 000	945 000
Operating Profit	446 000	−122 000	442 000	−2 000
Financial Income	0	0	0	2 000
Financial Costs	47 000	908 000	495 000	1 000
Financial Balance	−47 000	−908 000	−495 000	1 000
Earnings Before Tax	399 000	−1 029 000	−53 000	−1 000
Tax	88 000	−40 000	93 000	0
Net Income	311 000	−990 000	−147 000	−1 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	93 000	54 000	865 000	798 000
Total Current Assets	317 000	238 000	528 000	485 000
Total Assets	410 000	291 000	1 392 000	1 283 000
Total Retained Equity	−829 000	−1 140 000	−150 000	−4 000
Total Equity	−329 000	−640 000	350 000	496 000
Total Long-Term Debt	470 000	497 000	529 000	0
Total Current Debt	269 000	435 000	514 000	786 000
Total Equity and Debt	410 000	291 000	1 392 000	1 283 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	827 000	932 000	1 005 000	942 000
Other Income	0	0	0	0
Revenue	827 000	932 000	1 005 000	942 000
Cost of Goods Sold	0	1 000	0	8 000
Salary Costs	0	0	145 000	0
Depreciation	7 000	4 000	4 000	0
Impairment	0	0	0	0
Expenditure	380 000	1 053 000	563 000	945 000
Operating Profit	446 000	−122 000	442 000	−2 000
Financial Income	0	0	0	2 000
Financial Costs	47 000	908 000	495 000	1 000
Financial Balance	−47 000	−908 000	−495 000	1 000
Dividends	0	0	0	0
Net Income	311 000	−990 000	−147 000	−1 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	39 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	25 000	14 000	19 000	0
Fixtures	0	0	0	0
Total Tangible Assets	25 000	14 000	19 000	0
Total Fiancial Fixed Assets	68 000	0	846 000	798 000
Total Fixed Assets	93 000	54 000	865 000	798 000
Stock	0	0	0	0
Total Investments	0	0	3 000	0
Cash, Bank	46 000	12 000	26 000	4 000
Total Current Assets	317 000	238 000	528 000	485 000
Total Assets	410 000	291 000	1 392 000	1 283 000
Total Equity	−329 000	−640 000	350 000	496 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	470 000	497 000	529 000	0
Creditors	24 000	0	218 000	712 000
Unpaid Taxes	149 000	362 000	189 000	74 000
Dividends	0	0	0	0
Other Current Debt	0	0	13 000	0
Total Current Debt	269 000	435 000	514 000	786 000
Total Equity and Debt	410 000	291 000	1 392 000	1 283 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−94,53 %	154,69 %	−42 %	−0,2 %
Debt-to-Equity Ratio	−1,43	−0,78	1,51	0
Operating Profit Margin	53,93 %	−13,09 %	43,98 %	−0,21 %
Current Ratio	1,18	0,55	1,03	0,62
Quick Ratio	1,18	0,55	1,03	0,62
Equity Ratio	−0,8	−2,2	0,25	0,39
Gross Profit Margin	100 %	99,89 %	100 %	99,15 %